Preamble

Interpretation

Incorporation

1927

CHAPTER 85

An Act to incorporate Saskatchewan Co-operative
Poultry Producers, Limited.

W

[Assented to February 7, 1927.]

HEREAS Saskatchewan Co-operative Poultry Producers, Limited, was duly incorporated under The Companies Act of the Province of Saskatchewan, on the fourth day of March, 1925, and has since existed with its registered office in the City of Regina, in the Province of Saskatchewan, having the objects set forth in the Memorandum of Association and more particularly to establish and carry on the business of buying, selling, marketing and handling poultry and eggs and their respective products, and the general business of operators of cold storage plants or warehouses, or warehousemen or manufacturers, and to operate a pool or pools for poultry and eggs and to take over or acquire the business of any other person dealing in poultry or eggs or their respective products; and

Whereas, the said Saskatchewan Co-operative Poultry Producers, Limited, has by petition prayed that the said incorporation may be confirmed as hereinafter provided and that the powers of the said company may be defined and enlarged in the manner hereinafter set forth; and

Whereas, it is expedient to grant the prayer of the said petition:

Therefore His Majesty, by and with the advice and consent of the Legislative Assembly of Saskatchewan, enacts as follows:

1. In this Act, unless the context otherwise requires, the expressions "poultry and eggs" or "poultry or eggs shall be deemed to include as well all the products therefrom.

2. The incorporation of the said company is confirmed, and Bertha Holmes, of Asquith, housewife; Isabel Bowen, of Wapella, housewife; Jessie Elizabeth Cameron, of Findlater, housewife; Elizabeth Mitchell Morrison, of Spalding, housewife; Clara Alma White, of Unity, housewife; and Joe Cy Rabourn, of Ravenscrag, farmer; all of the Province of Saskatchewan, together with such

other persons as are or may become shareholders of the company are continued as a body corporate under the name of Saskatchewan Co-operative Poultry Producers, Limited, and are declared to have been duly incorporated under the provisions of The Companies Act, with all the rights, powers and privileges in the said Act and in the Memorandum and Articles of Association mentioned, and possessed of all the real and personal estate, property, assets and effects, and all present and future rights, claims and interests of Saskatchewan Co-operative Poultry Producers, Limited, and liable for all the debts, liabilities and obligations against the said Saskatchewan Co-operative Poultry Producers, Limited, and the real and personal estate, property, assets and effects, and all present and future rights, claims, and interests of Saskatchewan Co-operative Poultry Producers, Limited, are declared to be vested in Saskatchewan Co-operative Poultry Producers, Limited.

3. The capital stock of the company shall be $50,000.00 Capital divided into 50,000 shares of $1.00 each.

4. The head office of the company shall be at the Head office City of Regina, in the Province of Saskatchewan. The directors may establish branch offices at such other places as they may determine.

5. The objects of the company shall be and the Objects and company is hereby authorised:

powers

and sale

and eggs

products

(a) to carry on the business of collecting, buying, Purchase
receiving, handling, processing, warehousing, of poultry
shipping, storing, trading, grading, dealing in, and their
selling, marketing and exporting poultry and respective
eggs, and generally to carry on the general
business of dealers in and exporters of poultry
and eggs either as principal or as agent, broker,
factor or attorney-in-fact; to construct, purchase,
acquire by lease or otherwise, and to operate
warehouses and cold storage plants and all or
any facilities for warehousing, storing, process-
ing, handling, trading, or otherwise dealing with
poultry and eggs, and to carry on the general
business of cold storage operators and ware-
housemen, and generally to do all things,
either as principal, agent, broker, factor, or
attorney-in-fact incidental to or connected with.
any manner of collecting, storing, handling,
dealing with, marketing or disposing of poultry
and eggs;

(b) to enter into any contract or arrangement Contracts
whatsoever for or incidental to the co-operative
selling or marketing of poultry and eggs;

Agents

Documents of title

Poultry and egg pools

Payments and advances

Poultry
and eggs
held free
from
attachment

Co-operative marketing

Mortgages on poultry and eggs

Acquisition

of property

Acquisition of cold storage plants, etc.

Concessions

(c) to act as agent, broker, factor, or attorney-infact for its shareholders or any of them or for others engaged in the same or a similar business and to exercise on behalf of any person all such rights, powers, privileges and authorities as may be conferred upon it;

(d) to deal with all documents of or evidencing
title to poultry or eggs or providing for the
payment therefor or otherwise in connection
with poultry or eggs or the proceeds thereof in
all and every manner whatsoever;

(e) to operate a pool or pools for poultry or eggs
received or handled by the company in such
manner and on such basis as may be from time
to time decided upon and to distribute the
proceeds thereof amongst the parties contribut-
ing poultry or eggs to such pool or pools;
(f) to make payments and advances from time to
time on account of all poultry or eggs delivered
to or received by it either before or after the
same may have been sold and whether to
shareholders or not;

(g) to hold all poultry or eggs received by it from
any person and the proceeds thereof free from
any liability to attachment by any creditor
of the company;

(h) to enter into and carry into effect either with or without modification all and every agreement for the co-operative marketing of poultry or

eggs;

(i) to mortgage, pledge, hypothecate, borrow money upon, and otherwise deal with poultry or eggs and all documents of or evidencing title thereto, either as principal or as agent, broker, factor or attorney-in-fact;

(j) to purchase, construct, hire, or acquire in any lawful manner, property of all kinds, real and personal, required for the purposes of the company;

(k) to erect, build, construct, purchase, hire or acquire in any way any and all classes of cold storage plants or warehouses, buildings, plants, factories, offices or houses required for the purposes of the company and wherever situated whether on the company's property or otherwise, and to add to, improve, furnish, operate, rent, exchange, lease, sell or otherwise dispose of the same or any part of the same;

(1) to purchase or otherwise acquire in whole or in part any concessions, patent license or other

authority conferring exclusive or limited right
to use any invention required or which may
be used in the company's business and to dispose
of the same in any manner whatsoever;

(m) to borrow or raise money and to issue bonds, Borrowing
debentures, debenture stock, mortgages or other powers
instruments either to bearer or otherwise and
either conferring no charge or conferring a fixed
charge or a floating charge or both upon all or
any part of the assets and undertaking of the
company, including its uncalled capital and so
that any such debenture or debenture stock or
any deed securing the same may contain a con-
dition making the debentures or debenture
stock irredeemable or redeemable only on the
happening of any contingency, however remote
or on the expiration of a period however long;

(n) to draw, accept, indorse and execute bills of Pr missory
exchange, promissory notes, bills of lading and notes, ete.
other negotiable or transferable instruments or
securities and to issue tickets or vouchers nego-

tiable or payable to order or bearer;

(0) to invest any moneys of the company in any Investments form of investment which may be considered desirable and from time to time to vary any such

investment;

(p) to enter into partnership or any profit-sharing Partnership
arrangement, union of interests, co-operation,
reciprocal concession, joint adventure or other-
wise, with any person or company carrying on
or engaged in or about to carry on or engage
in any business or transaction of a nature similar
to that carried on or proposed to be carried on
by the company;

(q) to sell, exchange, lease, mortgage, dispose of, Disposal of
turn to account or otherwise from time to time property
deal with all or any part of the undertaking,
property and rights of the company for such
consideration as the company may think fit,
including in a case of sale or exchange, shares
partly or fully paid up, rights, property or
securities of any other company having objects
altogether or in part similar to those of this
company; ·

of other

(r) to purchase, acquire and take over the business, Acquisition
undertaking and goodwill of any other company, companies
firm or corporation having objects altogether or
in part similar to those of this company and to
pay for the same either in cash or otherwise
and to take or otherwise acquire and hold and at

Registration outside province

Legislation

Act of incorporation

Concessions

and guarantees

Branches

Flotation expenses

Contracts

will dispose of any shares, stock, debentures, bonds or other obligations in or of any such company, firm or corporation;

(s) to procure the company to be registered and recognised in any province or provinces of Canada or in any part of the British Empire and in any foreign country and to designate persons therein according to the laws of such province, provinces or country, to represent this company and to accept service of and on behalf of the company of any process or suit;

(t) to apply for and promote and obtain any Act of Parliament or of any Legislative Assembly, and any order from other authority for enabling the company to carry any of its objects into effect or for any other purpose which may seem expedient and to oppose any proceedings or applications which may seem calculated directly or indirectly to prejudice the interests of this

company;

(u) to obtain such Act or Acts of Parliament or of
any Legislative Assembly for the purpose of
implementing the incorporation of the company
or to supplement the incorporation thereof in
such form as may be deemed advisable;
(v) to enter into any arrangements with any au-
thorities, governmental, municipal, local or other-
wise that may seem conducive to the objects
of this company or any of them, and to obtain
from any such authority any rights, privileges
and concessions or guarantees which this com-
pany may think it desirable to obtain and
to carry out, exercise and comply with any
such arrangements, rights, privileges, conces-
sions or guarantees;

(x) to establish branches or agencies in any province
of Canada, or in any country, to carry on busi-
ness in any such province or country through
such branches or agencies or otherwise, subject
always to local laws in any such province or
country;

(y) to pay the expenses of and incidental to the formation of this company;

(z) to enter into contracts with and to join with any body, agency, corporation or association for the purposes of co-operative marketing of poultry or eggs of the Province of Saskatchewan, Alberta and Manitoba, or any of them or of other provinces or groups of provinces or of any other countries under a term contract or otherwise and under such conditions as will serve